Silver Futures Reach Record $3.3B Monthly Volume on Coinbase Derivatives

December saw nearly one million contracts traded, setting a new high for monthly notional volume in Coinbase’s Silver Futures market.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Silver Futures: Standardized contracts to buy or sell silver at a predetermined price on a future date.
  • Notional Volume: The total value of a derivatives contract's underlying assets, used to measure market activity.
  • Coinbase Derivatives: A derivatives trading division of Coinbase offering products like futures and options for cryptocurrencies and commodities.